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371 West Farm Road, Bethlehem, NH, 03574 | $4,900,000
Exceptional Bank-Owned Property with Significant Development Potential This rare commercial opportunity is situated on 112± acres in the scenic town of Bethlehem, New Hampshire. Formerly The White Mountain School, the property features a well-maintained campus comprising 15 buildings, including residential housing, a library, science and arts centers, a fitness center with climbing wall, a dining hall, and ample classroom, administrative and office space. With extensive infrastructure already in place, including municipal water and sewer, and a layout that includes walkable trails and a village-style setting, this property offers tremendous potential for redevelopment or adaptive reuse. Whether for an educational institution, wellness retreat, religious campus, senior living, hospitality venture, or a thoughtfully designed mixed-use development, the site is a blank canvas ready for its next purpose. All essential components are already on-site—utilities, structures, roadways, and facilities—allowing for a faster path to redevelopment and value creation. The property’s size, setting, and infrastructure make it ideal for visionary developers or institutions looking to create a destination campus or boutique community. Due to the complexity of this offering with multiple buildings, a complete Offering Memo with building specifications is included in the documents section of this listing.
Features
- Property Type: Development,Land,Opportunity
- Parking: On-Site,Paved
- Zoning: District II
- Acreage: 112
- Est. Taxes: $48,490
- MLS#: 5036913
- Website: https://www.raveis.com
/prop/5036913/371westfarmroad_bethlehem_nh?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 4/28/2025Listing courtesy of Badger Peabody & Smith Realty Phone: 603-823-5700
Listing Agent: Mary Doherty
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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- Market your home to realize a quick sale at the best possible price
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To learn more about our credentials, visit raveis.com today.
Paul BerriosRegional SVP, Insurance Sales Producer, William Raveis Insurance
978-337-3053
Paul.Berrios@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
371 West Farm Road, Bethlehem, NH, 03574
$4,900,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $3,920,000 | $3,920,000 | $3,920,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.625% | 6.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.614% | 6.727% | 6.309% |
| Monthly Tax Payment | $4,041 | $4,041 | $4,041 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $22,257 | $25,100 | $33,345 |
| Total Monthly Payment | $26,423 | $29,266 | $37,511 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NH Mortgage Banker #11083-MB